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Statistics and Simulation Modelling

BMD 0002 Statistics and Simulation Modeling deals with the field of Statistics and Simulation Modeling and will introduce the student to all aspects related to it. In this course, students will learn how to verify results, evaluate a business problem, present detailed analysis, and identify modeling approaches. Students will focus on forecasting, linear regression, discrete event simulation modeling and multiple regressions.

Learn about some of the learning outcomes of the course -

Ø  Students will analyze data after learning about simulation modeling techniques

Ø  In this course, students will use their understanding of simulation verification, simulation, and simulation models to

Ø  After completing the course, students will be able to communicate statistical data in the format

Ø  Students will be provided with an in-depth understanding of how statistical and simulation techniques are used to analyze business and consumer problems.

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